• 9: Master Your Money with the Easy Mode Money Ladder

  • Jan 7 2025
  • Length: 21 mins
  • Podcast

9: Master Your Money with the Easy Mode Money Ladder

  • Summary

  • In this episode of Your Money on Easy Mode, Damien introduces Season Two and outlines the Easy Mode Money Ladder, a step-by-step guide to managing personal finances effectively. The conversation covers essential financial strategies, including building an emergency fund, maximizing employer retirement matches, paying off high-interest debt, and investing for long-term wealth. Damien emphasizes the importance of following the steps in order to achieve financial clarity and avoid common mistakes.


    Chapters

    00:00 Recap of Season One

    01:00 Intro to Season Two

    01:42 The Easy Mode Money Ladder

    02:39 Easy Mode Money Ladder Inspiration

    04:20 Step 1: Save Up for Insurance Deductibles

    05:59 Step 2: Employer Match in Retirement Accounts

    07:04 Step 3: Paying Off High-Interest Debt

    09:50 Step 4: Fully Fund Your Emergency Fund

    10:44 Step 5: Invest in IRA and HSA

    12:56 Step 6: Maxing Out Employer-Sponsored Retirement Accounts

    14:11 Step 7: Hyper Accumulating Savings

    15:33 Step 8: Save for Other Goals

    15:58 Step 9: Pay Off Low-Interest Debt

    17:30 Common Mistakes to Avoid

    19:40 Conclusion and Homework

    Show more Show less

What listeners say about 9: Master Your Money with the Easy Mode Money Ladder

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.